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Abolish stamp duty entirely to reduce the cost of buying a home

Submitted by Yasmin Lumme on Friday 24th February 2023

Published on Monday 27th February 2023

Current status: Closed

Closed: Sunday 27th August 2023

Signatures: 33

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Petition Action

Abolish stamp duty entirely to reduce the cost of buying a home

Petition Details

I want the Government to abolish stamp duty entirely for anyone purchasing a property. Current stamp duty rates make purchasing a property unaffordable for many.

Additional Information

Property is already very expensive in the UK, particularly in the bigger cities. It will be increasingly difficult for people in the next generation to ever buy a property and stamp duty only makes it harder. The origin of stamp duty doesn’t apply to us today so I don’t see why it still exists. We believe it doesn’t benefit the country in any way, only limits us.


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